STRATTEC SECURITY CORP
For the period ended Sep 27, 2026. Filed Oct 30, 2026.
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Sep 27, 2026 · Filed Oct 30, 2026
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Unregistered Sales of Equity Securities and Use of Proceeds
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
On May 28, 2026, the Board of Directors authorized a new share repurchase program under which the Company may repurchase up to $40.0 million of its outstanding common stock. In connection with the authorization of the new program, we terminated our previous share repurchase program. The new share repurchase program has no fixed expiration date, does not obligate us to acquire any specific amount of common stock, and may be modified, suspended or terminated at any time at the discretion of the Board of Directors. The following table provides information with respect to the purchases by the Company of Common Stock under this authorization during the three months ended September 27, 2026 (in millions, except share and per share amounts):
| Total Number of Shares Purchased · Average Price Paid per Share · Total Number of Shares Purchased as Part of Publicly Announced Programs · Maximum Approx. Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs | |||||
|---|---|---|---|---|---|
| 6/29/2026 - 7/26/2026 | - | $ | - | - | $40.0 |
| 7/27/2026 - 8/30/2026 | 21,652 | $72.88 | 21,652 | $38.4 | |
| 8/31/2026 - 9/27/2026 | 46,252 | $73.41 | 46,252 | $35.0 | |
| 67,904 | $73.24 | 67,904 | $35.0 | ||
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